​Transportation Pollution Liability

Alliant, in conjunction with an “A” rated insurer, has developed a specialized insurance solution to protect companies that move and store energy products or other hazardous commodities. As an adjunct to traditional pollution and marine liability policies, Alliant’s Transportation Pollution Liability coverage is designed to protect our insureds from both direct and indirect environmental liabilities resulting from sudden, accidental, or gradual pollution releases that occur while goods make their way through the chain of commerce.

Strength in Specialization

As a dedicated industry specialist, the Energy and Marine Group of Alliant deploys environmental insurance experts focused on serving your industry and protecting the following clients:

Commodity traders

Buyers

Sellers

Shippers

Transporters

Arrangers

Broad Reach, Targeted Focus

While environmental risk is great in scope, this comprehensive coverage supplements a standard marine liability policy by including:

Legal liabilities for hazardous goods or products while being transported, held in storage (temporary or permanent), delayed at customs, or held for trans-shipments

Assureds contractually assumed risk of loss for hazardous goods or products, either on the buy or sell side, regardless of geography

Counterparties’ inability to fund its share of environmental losses

Counterparties’ ability to contractually limit its obligations for environmental damages

Legal defense expenses of the assured and other contractually obligated parties, incurred as a result of an alleged environmental act, without regard to fault

Mislabeling, misrepresentation, or misdeclared goods is deemed a breach warranty under the COGSA

The 1994 changes to the York Antwerp rules preclude an allowance for environmental liabilities from the property involved in the maritime adventure when a General Average is declared by the vessel owner

Damage to the environment or associated actions that may be brought under Natural Resource Damages or Environmental Damages Act or similar statutes throughout the world.